LONDON – Bank of America Merrill Lynch has been honoured by EMEA Finance in their 2014 Treasury Services Awards, winning the accolade for Best Treasury Services in Europe.
This is the first time the company has won the treasury category, which the magazine said is in recognition of “…a proactive and consultative client approach, product enhancements and focus on thought leadership.”
Bank of America Merrill Lynch’s Foreign Exchange team was also recognised in the awards, winning Best FX services in Europe and Best FX services in EMEA accolades for the second and third consecutive years.
Jennifer Boussuge, head of Global Transaction Services EMEA at Bank of America Merrill Lynch said, “Given the more strategic role taken by today’s corporate treasurer, and the push for greater efficiency, we see more and more companies integrating their cash, payments and FX functions and reaping the benefits across process, visibility and cost.”
“At Bank of America Merrill Lynch, our online payments system is fully integrated across GTS and FX, and our teams work side by side to better understand our clients and provide a more tailored service. So we are delighted to be recognised by EMEA Finance with this hat trick of accolades across our business.”
The EMEA Finance Treasury Services Awards have been running for five years and recognise banks for ingenuity, innovation and investments in cash management, FX and other treasury services.